25 Sept 2025 ND reported its FY25 results (Yr ended Jun) with revenue amounting to Rmb63.2bn, representing a YoY increase of 6.3%. The major revenue contributor remained as its packaging paper business which consists of linerboard, high performance corrugating medium,
CROSBY Research – Nine Dragons (2689 HK/NR): FY25 NP upswing on GPM expansion



